The government is rushing to rescue Uniper to avoid a domino effect across the country’s energy sector Berlin will have to come up with an extra €25 billion ($25.8 billion) to bail out the country’s largest gas importer Uniper, Reuters reported on Wednesday.
European industry may lose to American firms that receive state aid, the news outlet reports The EU is developing a major subsidy push to prevent European companies from being wiped out by US rivals that are receiving government aid, Politico reported on Tuesday, citing sources.
Britain subjected its multi-billion-pound aid programs to US military goals and got mired in corruption and criminality, a report claims Despite spending almost £3.5 billion ($4.23 bn) in aid over two decades on building a functional state in Afghanistan, Britain mostly failed to achieve its goals, a government watchdog said in a damning report. A…